There’s just a few days left to enter #EUAPredict 2026! It's your chance to forecast the EU carbon price at the end of December. Here’s all the details you need to know www.carbonrisk.world/euapredict-2...

I have been saying this for some time to students seeking career advice: the energy sector is one of the most exciting places to work with a huge transformation taking place right now. Electrification is a game changer and means a redesign of our energy system as we know it.

Venezuela has pretty great monazite / rare earth deposits so yeah that might be part of this

In news that should surprise no one…

Happy CBAM day for those that celebrate 🎉

Climate change made 17 of the 22 major extreme weather events analysed in 2025 more severe or more likely. buff.ly/vnqEjXt

The fires that tore across Los Angeles County nearly a year ago killed 31 people and destroyed more than 16,000 buildings. Angelenos are still learning the full extent of the damage

2025 has been a historic year for clean energy in UK, with renewable project approvals reaching a record-high 45 GW — nearly double of 2024. This surge was driven by an exceptional rise in battery storage capacity, which almost doubled to 28.6 GW, alongside strong growth in offshore wind & solar.

The nuclear mirage: Why SMRs won’t save nuclear power www.theenergymix.com/the-nuclear-...

Looks like the initial data on NYC congestion pricing say it’s working. 👏 🔌💡 #TalkAboutClimate www.bloomberg.com/news/article...

The hard politics of climate overshoot: Net zero is difficult enough — but an age of net negative emissions goals would be far tougher

Mark Carney's approach to climate policy shouldn't be dismissed as a race to the bottom. A strong industrial carbon pricing mechanism will reduce emissions in the most efficient way possible, and at the lowest cost to households and businesses. www.carbonrisk.world/a-statement-...

Important discussion paper dropped today from ECCC on how to strengthen carbon markets in Canada, as part of the 2026 federal pricing benchmark review of federal and provincial industrial carbon pricing systems. Comments due by Jan. 30. www.canada.ca/en/environme...

In often hear people saying that command-and-control policies should be preferred over carbon pricing because they signal a stronger political commitment. But apparently, command-and-control policies can be reversed as well. So maybe not the strongest argument in their favor/against carbon pricing.

The New Zealand carbon price has slumped by around one-third since early November to ~NZ$37 per tonne CO2 (€18) after the government shattered market confidence in its commitment to climate policy. www.carbonrisk.world/new-zealands...

This by the excellent @jburnmurdoch.ft.com confirms my view that political trends are being driven by the halting of the upward economic conveyor belt - striking charts: www.ft.com/content/30a4... Welcome to the age of zero-sum politics

Things are going great over at X, The Everything App

The US has already lost 12% of its current income due to climate change. Most studies project future losses, but new research from the University of Arizona has calculated the costs to date. news.arizona.edu/news/climate... #climatechange #economy #income #impacts #supplychains

Science has named the seemingly unstoppable growth of renewable energy worldwide as the 2025 Breakthrough of the Year. Learn more about this year's #BOTY and other big advances in science: https://scim.ag/493Tpgx

Climate change is already imposing costs on U.S. households ranging from $220 to $570 per year, according to a recent report. Households direct and indirect insurance costs account for ~50-60% of the impact from climate change. www.brookings.edu/articles/who...

The climate tech rollercoaster - SVB (April 2025) www.svb.com/globalassets...

What if we're on a much worse climate trajectory than we realise? James Hansen argues that air pollution increased albedo by making clouds brighter, masking some of the global warming that we ought to have experienced due to rising GHG emissions. www.onepercentbrighter.com/p/if-james-h...

I've been writing about carbon markets for a little over four years now. This year I decided to write a roundup of the most important themes covered this past year on Carbon Risk, as well as some of the things to watch out for as we move into 2026. www.carbonrisk.world/carbon-risk-...

Methane is thought to be responsible for nearly half of net global warming to date. Tackling this one super-pollutant is the fastest way to slow down the rate of warming in coming decades. Yet finance for methane abatement measures represented less than 2% of total climate finance flows.

The ‘sailing ship’ effect – also known as the ‘last gasp effect of obsolescent technologies’ - occurs when competition from new technologies stimulates improvements in incumbent technologies and the firms that produce them. www.carbonrisk.world/the-sailing-...

In a survey of more than 900 institutional investors, Morgan Stanley found that around 80% expect to increase allocations to sustainable investments in the next two years. www.morganstanley.com/content/dam/...

I wish I read this book 7 years ago when it was published. Scarily prescient.

As the year draws to a close, Ember presents some of the biggest clean energy shifts of 2025 and what they mean for the coming year 🗓️ 🧵1/8 ember-energy.org/lat...

Ireland’s faltering switch to clean energy laid bare by increase in oil and gas use www.irishtimes.com/environment/...

As the first climate migrants from Tuvalu settle into their new Australian homes in 2026, the tiny island will face an unintended consequence: accelerating brain drain

Carbon pricing has come under increasing pressure amid affordability concerns, state overreach, and opposition parties exploiting the issue. But carbon pricing doesn't have to be taxing 💶 A new article from me on how governments can respond. www.carbonrisk.world/carbon-prici...

Amidst the rollback in climate reporting, removal of EV mandates, and other environmental policy reversals its good to see the workhorse of the EU's climate policy doing its job. EU carbon price heading back towards €100 per tonne CO2.

A Sunday afternoon read about how on its 10th anniversary the Paris Agreement has delivered real progress and still matters more than ever, even as it comes under fierce attack from some of the most morally bankrupt individuals imaginable. www.businessgreen.com/blog-post/45...

Big new study shows how a renewables-dominated power system can slash costs across Europe, and yes it does include the cost of grid upgrades, energy storage, and back up generation. www.businessgreen.com/news-analysi...

We must copy Denmark Social Democrats' hardline anti-asylum measures in order to win back voters' trust, says Shabana Mahmood. Meanwhile in Denmark:

Coal mines emitted ~40mn tonnes of #methane every year, EXCEEDING the global gas sector according to @iea.org Tackling CMM is one of the fastest and cheapest ways to slow global heating 🌡️⏳ Yet, CMM emissions could be much more than we think, urgently needing better reporting 📝🚨

Not nearly enough is made of the incredibly impressive feat Indian Railways has made to electrify almost 100% of its 135,000km of track, while also growing renewable sourcing. Huge: timesofindia.indiatimes.com/business/ind...

How is this not front page news? www.bbc.co.uk/news/article...

As China prepares to publish its emission reduction targets for 2035, likely the most significant climate announcement of the year, here is a chart to compare the target to what needs to happen under different global climate targets.

To do for Linkedin users.

California strikes back: Decision to reauthorise Cap-and-Invest Program an inflexion point for carbon markets in North America www.carbonrisk.world/california-s...

I wrote about the large number of incorrect or just plain weird claims from Energy Secretary Chris Wright’s X account. It’s starting to influence how actual energy professionals perceive the Department of Energy, I argue: heatmap.news/politics/chr...

Could transition credits solve Asia's coal dilemma? www.carbonrisk.world/could-transi...

hey @jenka.bsky.social

#FX US weakness could support #commodities - chart #MorganStanley

Extreme views are heavily over-represented on social media Social platforms’ tendency to reward hostile content creates incentives that systematically reward simplistic messages and extreme positions and this fuels populism www.ft.com/content/9251... via @jburnmurdoch.ft.com

Betting on hydrogen as the key solution for decarbonising industry looks increasingly like a very bad idea. Yes we will need to replace grey and black hydrogen used as feedstock with clean hydrogen but as a fuel the economics look terrible.

Nice piece on the possibility of a coalition of the willing around heavy-industry carbon pricing, with quotes from my coauthor @cwolfram.bsky.social, a leader in this conversation. Talk of a global carbon pricing scheme grows louder ahead of COP30 www.ft.com/content/21b8... via @financialtimes.com

Batteries not included www.carbonrisk.world/batteries-no...

Looking forward to more on this from every bad faith actor who's claimed clean energy is intrinsically bad for developing countries